Energy News Beat AsiaDry CargoGreater ChinaShipyards Nantong Xiangyu Shipbuilding & Offshore Engineering Nantong Xiangyu Shipbuilding & Offshore Engineering Japan’s Doun Kisen has further boosted its bulk carrier orderbook in China with three newcastlemax newbuilds. Multiple broking outfits report the diversified shipowner has returned to Nantong Xiangyu Shipbuilding & Offshore Engineering for the 210,000 dwt trio […]
Energy News Beat EuropeOperations EWD EWD Germany has approved its first facility dedicated to the dismantling and recycling of large ships. This facility, operated by EWD Benli Recycling, is located in Emden on the site of the parent company Emder Werft und Dock (EWD). The company has secured the necessary governmental permits that classify it […]
Energy News Beat With approval from the Danish Emergency Management Agency, DanPilot and Danelec are now initiating a test program for remote pilotage – the first of its kind in the world. The test program created by DanPilot and Danelec allows pilots to guide ships from land, using only advanced data transmitted directly from the […]
Energy News Beat Preliminary bunkering data on MPA’s website shows LNG bunkering sales in the world’s largest bunkering port reached 41,996 mt last month. This compares to 35,552 mt in April 2024. Also, this is the highest monthly volume this year. MPA said last month that LNG bunkering volumes reached 39,025 mt in March, up 1 percent […]
Energy News Beat Who’s on the hook this time? Mostly not the banks, but taxpayers, except for HELOCs. By Wolf Richter for WOLF STREET. Mortgage balances rose by $195 billion (+1.5%) in Q1 from Q4, and by $358 billion (+2.9%) year-over-year, to $12.8 trillion, according to the Household Debt and Credit Report from the New York Fed, based […]
Energy News Beat ENB Pub Note: This is huge. The Woodside Louisiana LNG project has a total permitted export capacity of 27.6 million tonnes per annum (Mtpa). The foundational phase, approved with a final investment decision in April 2025, includes three LNG trains with a capacity of 16.5 Mtpa, with first production targeted for 2029. […]
Energy News Beat On Tuesday, the US LNG exporter said that its revenue rose 105 percent compared to the same quarter in 2024. Net income for the three months ended March 31, 2025, decreased 39 percent as compared to 2024. Venture Global said this decrease was largely driven by non-cash factors such as unfavorable changes […]
Energy News Beat The 2022-built 174,000-cbm, Elisa Aquila, owned by France LNG Shipping and chartered by Edison, delivered the maiden shipment from Louisiana to Snam’s 170,000-cbm FSRU, Italis LNG, in Piombino. According to a statement by Snam, the LNG carrier unloaded at the Piombino terminal about 165,000 cbm of LNG to be regasified and introduced […]
Energy News Beat The Australian LNG player recently made a final investment decision to develop the three-train, 16.5 mtpa Louisiana LNG project, which it acquired from Tellurian last year. In October 2024, Woodside acquired Teelurian for about $1.2 billion. Woodside also renamed Tellurian’s Driftwood LNG project Woodside Louisiana LNG. Earlier the same year, Tellurian won more […]
Energy News Beat ENB Pub Note: I have included a summary of the earnings report for Venture Global. Investing in LNG is a good long-term play, and there are good long-term contracts that have been signed in the reports. Key Points Research suggests Venture Global’s Q4 2024 revenue was $1.5 billion, down from $1.6 billion […]
Pecos Country Operating, LLC is a privately owned oil and gas exploration and production company headquartered in Fort Worth. We own and operate wells across the South Central United States with our predominant means of production coming out of West and North Texas.
